After Binance and Coinbase, the authorities in the US are now reportedly opening an investigation on the crypto business of Jack Dorsey’s payments firm, Block. As per reports, the US authorities have identified compliance violations from the fintech company that has now opened a deeper probe into its business practices….
2023 brought the crypto sector face to face with regulatory and macro-economic challenges – that kept the price points of majority cryptocurrencies relatively low. Despite the volatility that the sector witnessed last year, several corporate firms did not lose hope on their crypto engagements. Social networking platform Reddit and Jack…
Indian government threatened to shut Twitter down unless it complied with orders to restrict accounts critical of the government’s handling of farmer protests, co-founder Jack Dorsey said, an accusation Prime Minister Narendra Modi’s government called an “outright lie”. Dorsey, who quit as Twitter CEO in 2021, said on Monday that…
Block posted a rise in first-quarter revenue on Thursday as its popular payments platform Cash App continued to drive growth, a metric investors will watch closely following U.S. short-seller Hindenburg Research’s disclosure in March of short positions in the firm. Shares of Block, formerly called Square, were up more than…
Hindenburg Research, the short-seller whose damning report on Indian billionaire Gautam Adani triggered a $150 billion loss from the mogul’s net worth, is now accusing Jack Dorsey’s mobile payment firm Block of “facilitating fraud against consumers and the government.” Hindenburg on Thursday alleged that Block overstated its user numbers and…
Elon Musk is currently in a legal process involving his refusal to buy micro-blogging site Twitter. In the backdrop of this case, a bunch of leaked messages between Musk and Twitter founder Jack Dorsey indicate that the duo had been dabbling in the idea of moving Twitter to blockchain, eliminating…
In a bid to provide free-of-cost knowledge around cryptocurrencies, Twitter founder Jack Dorsey and hip-hop artist Jay-Z have decided to launch a course. The name of this initiative is called ‘The Bitcoin Academy’, and it will organise a series of classes on crypto trading and minting, that will break down…
Twitter is working on a decentralised social media project called ‘Bluesky’. In a recent development, the Bluesky team has released its first batch of codes, while reinstating its commitment to moderate the content that would be allowed on its platform. Decentralised social media aims to move the space beyond the…
Bluesky, a project funded by Twitter to build a decentralised standard for social media, has stated that the company is not controlled by the company following Elon Musk’s purchase. The Twitter-funded social media project explained, via a tweet that it has been independently operating as a public benefit limited liability…
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